The Millennium Development Authority, MiDA, has shortlisted six private companies to compete for the takeover of the Electricity Company of Ghana, ECG.
All the six companies, Starr FM gathers, are expected to submit a proposal on how to manage the ECG to MiDA.
Out of the six, one would eventually be selected to manage the assets and operations of the ECG for the next 25-years.
The Director for Communication and Outreach at MiDA Pamela Djamson-Tettey told GBC24 in an interview that apart from the over 400-million dollar grant from the Millennium Challenge Authority for the Power Compact, the concessionaire is expected to invest at least 100 million dollars annually to improve operations of the ECG.
The decision by government to look for a private entity to takeover the management of assets and operations of the ECG has been met with strong opposition by staff of the power distributor.
The angry workers of ECG on Tuesday brought to an end a two-day strike.
The workers will resume service to their clients Tuesday.
They embarked on the strike to compel government to modify the privatization plan for the power company.
National Secretary of the Senior Staff Association of ECG Patrick Binyame told Starr News the union will soon make their next line of action known.
“We have suspended our action because we need to get to that table with clean hands so we are going to listen to the Ministry on Wednesday and that meeting will inform our next line of action. All ECG operational areas, everybody is back at work,” he said.
Source: Ghana/Starr FM